Many Indian companies want to grow and develop. Some companies are focusing on raising capital in the Indian capital market to meet their expansion plans. However, litigation involves many risks that the company may face from its shareholders. Given these alarming and sensitive risks, some insurance companies in India offer initial public offers or initial …
The systematic investment plan (SIP) is a service that mutual funds offer to investors, where investors can invest in mutual funds every two weeks, monthly, quarterly or annually. While SIP is a blessing for investors, it not only prevents investors from managing the market but also facilitates their disciplined long-term journey toward wealth creation. Regardless …
Mutual funds are increasingly accepted by various investors in India because of their lightness and their performance. This financial instrument is suitable for all types of investors, small, medium or large because it can use the Systematic Investment Plan (SIP) to invest in mutual funds of an amount between 500 and an infinite monthly and …
Employee Provident Fund as the name suggests is an account under which a saving contribution is made for a salaried employee on a monthly basis. The said saving amount is deducted from the salary of the employee and is either a fixed amount of Rs. 1800% or 12% of the basic salary. Employee Provident Fund …
IFSC Code Meaning IFSC code is an eleven-digit alphanumerical number used for online fund transfer through Banks. Generally, the first four digits of the IFSC code are alphabetical representing the name of the Bank, the fifth digit is 0 and the last six digits represent the branch of the Bank identified with a number. The …
A personal loan is an unsecured loan wherein no commodity is mortgaged to the bank as security. These loans are granted for a variety of purposes such as holidays, education, wedding, medical emergency, etc. The interest rates for personal loans are comparatively higher in comparison to any other loans. The interest rate for a personal …
A savings account is a deposit account with a bank or other financial institution where you can store extra money, earn interest, and access it when needed. It is the most basic type of banking instrument used by a person and one of the safest ways to ensure that you can easily access your earned …
Personal loans offered by Yes Bank can be used to cover all financial expenses, including payment of medical bills, weddings, vacation trips, home renovations, etc. An instant personal loan up to 20 lakh rupees can be used by those who meet the eligibility criteria of Yes Bank. In addition, the Yes Bank personal loan can …